Oolitic, IN Real Estate
According to census data in the year 2000 there were 561 housing units in Oolitic.
This represents a 5.2% decline from 592 in 1990.
Of those housing units, 561 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Oolitic is about 69.2%.
Oolitic's vacancy rate, including seasonal lodging, is about 9.6%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Oolitic were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 11.10% |
| Two Bedrooms | 37.80% |
| Three Bedrooms | 39.20% |
| Four Bedrooms | 8% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $70,200 |
| Median Price asked for vacant units | $42,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $311 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 4% |
| Simple Mortgage | 50% |
| Debt Free | 40.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
